Deutsche Bank Reiterates “Buy” Rating for GKN (GKN)

GKN (LON:GKN)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank in a research note issued to investors on Tuesday.

Other equities research analysts have also issued reports about the stock. Citigroup reaffirmed a “neutral” rating and set a GBX 455 ($6.17) price target on shares of GKN in a report on Monday, March 12th. Peel Hunt reaffirmed a “buy” rating and set a GBX 500 ($6.78) price target on shares of GKN in a report on Monday, March 26th. Numis Securities reaffirmed a “hold” rating and set a GBX 450 ($6.10) price target on shares of GKN in a report on Wednesday, February 14th. Raymond James lowered shares of GKN to a “market perform” rating in a report on Tuesday, April 17th. Finally, Liberum Capital reaffirmed a “hold” rating and set a GBX 425 ($5.77) price target on shares of GKN in a report on Tuesday, February 27th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the company’s stock. GKN has a consensus rating of “Hold” and a consensus price target of GBX 436.69 ($5.92).

GKN opened at GBX 476.30 ($6.46) on Tuesday, Marketbeat reports. GKN has a 52-week low of GBX 2.95 ($0.04) and a 52-week high of GBX 449.46 ($6.10).

In other GKN news, insider Phil Swash sold 5,000 shares of the stock in a transaction on Thursday, April 5th. The shares were sold at an average price of GBX 430 ($5.83), for a total transaction of £21,500 ($29,164.41).

About GKN

GKN plc engages in engineering business worldwide. The company's Aerospace division manufactures airframe structures, including wings, fuselages, empennages, and nacelles and pylons; commercial engines, fan rotatives, fan statics, booster and compressors, turbine exit and inlet structures, and space propulsion products; aircraft systems, such as wiring and interconnection systems, aircraft transparencies, ice protection, landing gears, and tanks and flotation systems; and after market, and MRO services.

Analyst Recommendations for GKN (LON:GKN)

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